The work culture around the world has always been constantly changing, adapting to new social rules and generations. From posh, big offices to open space minimalist buildings, workspaces have also been turning upside down. However, not every change in our culture is a part of the natural process. The year 2020 proved that in the 21st century, we should be ready to meet new circumstances with readiness.
Not many things are as scary as a global pandemic that infects millions of people. Directly out of a Hollywood horror, the novel Coronavirus pandemic covered the entire world in a matter of months. The virus has now infected roughly 5 million people while 300 thousand have sadly died and the number is to further increase.
Without a vaccine or an effective medical treatment targeting coronavirus, the only real way of containing the spread is social distancing. Therefore, in just a few months, almost everyone around the world found themselves stuck at home amid government and healthcare experts’ advice. On the other hand, essential workers such as frontline warrior doctors, nurses, other hospital staff, public transport drivers, and many others keep serving their countries and citizens.
The changing work culture
During the global pandemic, workplaces became very high-risk spaces. Confined offices packed with hundreds of workers can not be tolerated, especially as the reproduction rate of coronavirus is comparably higher compared to anything we have seen before. Without restrictions and social distancing, one person can possibly infect at least 3 others.
Therefore, in an effort to cut the spread and save lives, offices and workspaces have been shut down all across the globe. In the vast majority of countries, only essential workers, such as doctors, nurses, police officers, firefighters, and public transport drivers are allowed to work. However, for office workers, life has changed significantly.
The vast majority of companies that base their work on the web platforms started sending their employees home. Remote work was found successful by a surprisingly large number of Chief Financial Officers according to the Gartner study. A whopping 317 CFOs from different sectors were surveyed by the institution, revealing that three in four (75%) of them were considering moving at least some of their employees to remote work permanently.
Twitter’s move and its impact on others
Regardless of the study, when a major corporation makes such a big change, others are surely to follow them in footsteps. Twitter’s CEO Jack Dorsey announced that the company will remain in remote mode indefinitely as they have found this way of working more efficient, convenient, and effective.
Previously, the company had stated that its physical offices would open from September, bringing employees back. However, now the expectation is that offices will only open to a very limited extent, offering meeting spaces to partners and consultation to customers. Besides, the majority of previously on-site workers will have an opportunity to keep on working from home.
Jack Dorsey had previously planned to move to Africa for a few months, leading the company from there remotely. However, his plans were scrapped amid the global health crisis. However, from that decision and his approach to leadership even prior to the pandemic, it is clear that Dorsey sees remote work as a feasible and beneficial possibility for companies. Twitter is a great example of utilizing the resources available in the 21st century. However, will others follow this example? If so, what fields are likely to remain in a permanent remote mode?
The gambling industry is one of the most digitized today.The number of online real money casino platforms around casino platforms around the world is rapidly increasing. More and more people prefer enjoying this kind of entertainment from home, sitting on a comfortable sofa rather than visiting a physical venue, which can be far away and much less affordable.
In a way, bringing once an exclusive industry to masses through the internet marks how vast the capabilities of remote work are. Big online casino platforms do not essentially require offices as they are completely based on the cloud. Yet, due to different reasons such as socializing, better networking, and others, many gambling platforms still ask their employees to work from offices.
Yet, after this move from Twitter and a growing number of CEOs and CFOs in different sectors following the example, the gambling industry is also expected to be shifted. Realistically, this decision could help companies save millions of dollars in office rents and different costs linked to it.
The financial sector
The financial industry has gone through an unprecedented transformation throughout the past few decades. Over this time, the field managed to digitize itself effectively, now offering more smart services than any other major industry. Almost all commercial banks have their very own web or mobile platforms while the number of people living cashless lives is rapidly soaring.
The financial industry already has witnessed the benefits of digital technology. Amid the presence of digital wallets and neo banks, more and more financial institutions are reducing the number of on-site employees. Therefore, after the crisis, influenced by Twitter’s move, many banks and other types of entities in the industry are expected to focus more on remote work possibilities for their employees.
Major tech companies
Those like Google, Apple, and Tesla are not expected to move onto a completely remote work process. Their size and specifications pretty much make that an impossible task. However, these companies are expected to reduce the number of on-site employees importantly.
All of the abovementioned companies are driven by high tech. Software developers, graphic designers, and marketing professionals play a crucial role in their success. Therefore, such positions are very common in high tech businesses. If an office consultant serving clients can not work from home, developers and designers most certainly can.
Many of such companies already had a huge contingent of off-site workers, contributing to businesses from different parts of the world. Developers from India, China, and many African countries are often the real driving force to businesses based in Europe and North America. Therefore, the practice of remote work is already well-tried in many businesses and its further implementation should not cause any problems.
Why remote work?
First of all, staying at home and working remotely saves lives in 2020. However, regardless of the state of the coronavirus pandemic, remote work has many long-lasting benefits for companies big or small. From reduced time and money spent on daily commutes to the less office space needed, both employers and employees can make the most out of this. Well, it really is a win-win situation, and businesses in fields mentioned above and beyond them are expected to follow the footsteps of Twitter soon.